Latest Articles about Energy

Russian Energy Companies Expand Their Operations in Central Europe
Russian energy companies have intensified their efforts to boost their presence in Central Europe, giving cause for concern that Moscow plans to continue using energy as a foreign policy tool to tighten its grip over the region. Just prior to the last energy crisis in... MORE

Alternative Gas Suppliers Face Overproduction in Russia
Russia's independent natural gas producers (IGPs) account for a growing share of domestic output, but they are now facing turbulent times amid the global financial crisis and the subsequent domestic economic downturn, as well as problems with sales and gas transit. The role of independent... MORE

Turkish Government May Approve Construction of a Nuclear Power Plant in April
Russian Energy Minister Sergey Shmatko paid an official visit to Ankara to meet with Turkish Energy Minister Hilmi Guler. At the meeting, Shmatko inquired when the Turkish authorities would make their final decision to allow the Russian-Turkish consortium to build Turkey's first nuclear power plant.... MORE

China’s Inroads into East Timor
China was the first country to establish diplomatic relations with the Democratic Republic of Timor-Leste—more commonly referred to as East Timor—when it gained formal independence on May 20, 2002 (China Brief, July 5, 2006). Since that time China has expanded its economic interests in East... MORE

Shaking Down the Turkic Brother? Turkey’s AKP Government Obstructs Azerbaijan’s Gas Outlet to Europe
During a recent public debate in Brussels on Turkey's energy policies, several panelists advised Turkey's Energy Minister Hilmi Guler, who participated in the panel, that Ankara is "overplaying its hand" by setting unacceptable terms for the transit of Azerbaijani gas to Europe. Such tactics in... MORE

Putin, Gazprom Bluffing to Hungarians on South Stream
On March 10 in Moscow, Gazprom and Hungary's Development Bank signed the initial documents for a joint venture to implement Gazprom's South Stream pipeline project on Hungarian territory. The respective chairmen, Alexei Miller and Janos Eros, signed the documents in the presence of Prime Ministers... MORE

MOL, Gazprom to Build Gas Storage Site in Hungary Independent of South Stream
On March 10 in Moscow, Hungary's privately-owned MOL oil and gas company signed an agreement with Gazprom Export in Moscow to jointly establish a gas storage company in Hungary. Prime Ministers Vladimir Putin and Ferenc Gyurcsany witnessed the signing. This project is separate from and,... MORE

Chancellor Merkel Says Nein to Nabucco
Shifting gears from an ostensible equidistance between pipeline projects, German Chancellor Angela Merkel has come out against proposals to use European Union funds to kick-start the Nabucco pipeline project for bringing Caspian gas to Europe. Although Germany was never interested in this project in a... MORE

Security Service Raids Ukrainian State Gas Companies
On March 4 and 5 armed units of the Security Service of Ukraine (SBU) conducted raids on the headquarters of Naftohaz Ukrainy, the state-owned oil and gas company, and UkrTranshaz, the operator of the Ukrainian gas pipeline company. According to a March 5 report by... MORE

Hungary’s MOL Driving Efforts to Interconnect Gas Markets
On March 3 the Hungarian gas transmission operator FGSZ—a subsidiary of MOL, the Hungarian oil and gas company—signed a contract with Croatia's state pipeline operator Plinacro to build an interconnector gas pipeline between the two countries. The project fits within MOL's strategy of promoting construction... MORE